Adventure Box Net Income vs. Current Ratio
| ADVBOX Stock | SEK 0.21 0.01 4.55% |
For Adventure Box profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Adventure Box to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Adventure Box Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Adventure Box's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Adventure Box Technology over time as well as its relative position and ranking within its peers.
Adventure |
Adventure Box Technology Current Ratio vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Adventure Box's current stock value. Our valuation model uses many indicators to compare Adventure Box value to that of its competitors to determine the firm's financial worth. Adventure Box Technology is number one stock in net income category among its peers. It also is number one stock in current ratio category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Adventure Box by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Adventure Box's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Adventure Current Ratio vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Adventure Box |
| = | (45.13 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Adventure Box |
| = | 8.46 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Adventure Current Ratio Comparison
Adventure Box is currently under evaluation in current ratio category among its peers.
Adventure Box Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Adventure Box, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Adventure Box will eventually generate negative long term returns. The profitability progress is the general direction of Adventure Box's change in net profit over the period of time. It can combine multiple indicators of Adventure Box, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Adventure Box Technology AB develops a platform that allows users to create, share, and play computer games online. The company was founded in 2014 and is headquartered in Stockholm, Sweden. Adventure Box is traded on Stockholm Stock Exchange in Sweden.
Adventure Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Adventure Box. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Adventure Box position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Adventure Box's important profitability drivers and their relationship over time.
Use Adventure Box in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Adventure Box position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Adventure Box will appreciate offsetting losses from the drop in the long position's value.Adventure Box Pair Trading
Adventure Box Technology Pair Trading Analysis
The ability to find closely correlated positions to Adventure Box could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adventure Box when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Adventure Box - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Adventure Box Technology to buy it.
The correlation of Adventure Box is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Adventure Box moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adventure Box Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Adventure Box can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Adventure Box position
In addition to having Adventure Box in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Hotels Thematic Idea Now
Hotels
Hotels, inns, motels, and other companies providing lodging and hospitality services. The Hotels theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Hotels Theme or any other thematic opportunities.
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Other Information on Investing in Adventure Stock
To fully project Adventure Box's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Adventure Box Technology at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Adventure Box's income statement, its balance sheet, and the statement of cash flows.